US formally initiates investigation of China
(WorldNews Business)

US Trade Representative Robert Lighthizer has formally initiated an investigation of China`s intellectual property practices under Section 301 of the Trade Act of 1974, which will seek to determine if America`s largest trading partner has been engaging in unfair practices. `After consulting with stakeholders and other government agencies, I have determined that these critical issues merit a thorough investigation. I notified the President that today I am beginning an investigation under Section 301 of the Trade Act of 1974,` Lighthizer said. China is America`s largest trading partner, with...